SFGTV: San Francisco Government Television
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Feb 27, 2013
02/13
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i went to rome, florence, vienna, knewerctionvberg, berlin, back to nuremberg and back to frankfurt. one of the things i paid attention to is safety transportation issues, of course. * and drinking water. so, i used to attend many of your meetings before. i'm now more with [speaker not understood], san francisco county transportation authority and so on and so forth. but i want to bring to your attention is that i take public transportation. so, i really know what is happening when i take muni. * what we need to be very leery that all the tools that we have on our buses are some standard and in place. so, when we say we have cameras on our buses, we better have cameras on our buses. do not listen to anybody who states -- gives you some statistics on some incidents when their system itself has no standards. in other words, when somebody speaks, they can talk the talk. but to walk the walk you need empirical data. you need to have it vetted. so, i know a lot about the stats that the san francisco public -- the san francisco police department has. i know too much about it. those are my
i went to rome, florence, vienna, knewerctionvberg, berlin, back to nuremberg and back to frankfurt. one of the things i paid attention to is safety transportation issues, of course. * and drinking water. so, i used to attend many of your meetings before. i'm now more with [speaker not understood], san francisco county transportation authority and so on and so forth. but i want to bring to your attention is that i take public transportation. so, i really know what is happening when i take muni....
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Feb 13, 2013
02/13
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KCSM
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the trend in frankfurt was positive on tuesday. the dax closing the day at 7660. the euro stoxx 50 up by a nice down 1% of. in new york, the positive momentum continues. markets are still open, and the doubt is about 0.5% higher. the euro trading for $1.3453. >> well, the world's biggest party, apparently, is under way in rio de janeiro. revelers from around the globe are there to celebrate carnival. >> every year, a massive parade runs the city with while customs and dance, and when it comes to conable, no dance is more important, of course, than the sum up. >> they are the best samba dancers in brazil, and this is where they come to do battle every year. television soaps it seemed -- are the theme. the floats are adorned with characters from the most popular shows of recent years. >> it was a great feeling, a really great feeling. god willing, we will win. >> competition is tough. 12 top schools are competing to be named the best. the dancers practice for years for their moment in front of 80,000 spectators. but even though the carnival season is drawing to a cl
the trend in frankfurt was positive on tuesday. the dax closing the day at 7660. the euro stoxx 50 up by a nice down 1% of. in new york, the positive momentum continues. markets are still open, and the doubt is about 0.5% higher. the euro trading for $1.3453. >> well, the world's biggest party, apparently, is under way in rio de janeiro. revelers from around the globe are there to celebrate carnival. >> every year, a massive parade runs the city with while customs and dance, and...
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Feb 1, 2013
02/13
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our correspondents and as the summary of the thursday trading session from frankfurt. -- our correspondent sent us the summary of the there's a trading session. >> the trading session surprised the people on the frankfurt floor, it is all the more surprising that shares of deutsche bank were among the day's best with a clear gain. investigators concentrated on two points -- first, they are of the opinion that most of the possible damage claims or penalties have been worked into the fourth quarter, so that there is a fresh start possible, at least in the view of investors, for 2013. they agree that it is a good thing that deutsche bank says at least for now that it will not issue new shares, which have watered down the value of the old shares. instead, in order to weather itself for new financial storms, it wants to get rid of risky business, a good decision, people here think. >> we stay in frankfurt for a closer look at thursday's numbers. the dax finished thursday session down by nearly 0.5%. euro stoxx 50 down by more than a full percentage point. across the atlantic on wall street, the
our correspondents and as the summary of the thursday trading session from frankfurt. -- our correspondent sent us the summary of the there's a trading session. >> the trading session surprised the people on the frankfurt floor, it is all the more surprising that shares of deutsche bank were among the day's best with a clear gain. investigators concentrated on two points -- first, they are of the opinion that most of the possible damage claims or penalties have been worked into the fourth...
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Feb 23, 2013
02/13
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LINKTV
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the dry leaves frankfurt fourth in the standings. this week's soccer action will see a battle for survival between two struggling teams. they're taking on the 16th place team. a single point separates the two sides. both the see the saturday dual as a chance to escape the fate of relegation. drastic times call for drastic measures. the training is being held in secret ahead of the big game. both sides are desperate to win to avoid relegation. >> we are excited about the game. we feel we have caught up to them. we're chasing them from behind. after the 90 minutes, we want to have pulled ahead. >> fought hard to avoid dropping to the second division. the team has lost only one game since the winter break. it has only posted to dublin's all season. the draws are not enough. they need a victory. they decided to close trading to fans and media. they are under intense pressure ahead of the big match. they've only one wants to the last 12 games. it is also facing the possibility of a delegation prepared >> the players have to give it all th
the dry leaves frankfurt fourth in the standings. this week's soccer action will see a battle for survival between two struggling teams. they're taking on the 16th place team. a single point separates the two sides. both the see the saturday dual as a chance to escape the fate of relegation. drastic times call for drastic measures. the training is being held in secret ahead of the big game. both sides are desperate to win to avoid relegation. >> we are excited about the game. we feel we...
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Feb 22, 2013
02/13
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our correspondent said as the summary from frankfurt. >> a very bad day at the stock market. german shares have been heavily under pressure. traders suffered from lots of bad news. the minutes of the latest fed policy meeting have been the major troublemaker. traders fear that the fed may soon stop it's very generous monetary policy, but the cheap money is a big driver of the stock markets. weak economic data troubled or worried traders, dashing hopes of a quick recovery of the countries in recession, but the upcoming election in italy was also a reason to sell shares. >> we say in frankfurt for a closer look at thursday's numbers. the dax finished the session down by nearly 1.9%. europe stoxx 50 -- will get that, bigger losses. in new york, the dow down by the 6.1%, and the year of trading at a value of $1.3178. >> all right, toy maker lego is getting a big boost, largely thanks to a controversial product called lego friends and and girls between the age of 5 and 9. feminists do not like the product. they accuse the company and gender stereotyping. >> despite that, the lego
our correspondent said as the summary from frankfurt. >> a very bad day at the stock market. german shares have been heavily under pressure. traders suffered from lots of bad news. the minutes of the latest fed policy meeting have been the major troublemaker. traders fear that the fed may soon stop it's very generous monetary policy, but the cheap money is a big driver of the stock markets. weak economic data troubled or worried traders, dashing hopes of a quick recovery of the countries...
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Feb 2, 2013
02/13
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our correspondent said as the summary of the trading session in frankfurt. >> the people here on the frankfurt floor seemed headed for a quiet end to the week, but then the united states came into the picture. economic news came in first from the labor market. it was so-so, but then data came from the housing market and from the manufacturing sector, and both looked much better than people expected, pointing to expansion for the world's largest economy. that sent the dax up. also share prices on wall street. it also sent the euro up, now trading at a very high level, one of the guinness this week. the dax clearly up for the day. this week was not such a good one for the week. the dax is just a slight loser. >> let's take a quick run through friday's numbers, starting off with the dax. it finished up by points of a 5%. the euro stoxx 50 in positive territory as well. the dow at this hour of the more than 1%. the bureau, as we heard, strong against the greenback, trading at a value of $1.3666. >> it is just one day after the "new york times" reported a hackensack american firms. "wall
our correspondent said as the summary of the trading session in frankfurt. >> the people here on the frankfurt floor seemed headed for a quiet end to the week, but then the united states came into the picture. economic news came in first from the labor market. it was so-so, but then data came from the housing market and from the manufacturing sector, and both looked much better than people expected, pointing to expansion for the world's largest economy. that sent the dax up. also share...
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Feb 8, 2013
02/13
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CNBC
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let's take a look at boeing shares, adding 1.5% in frankfurt trade. in fact, in the last 0 days, they're up 1.7%, almost 2%. airbus, meanwhile, has announced it's received 121 new orders for aircraft in january and delivered 35 planes. >>> meanwhile, reports suggest amr and us airways will meet and finalize a deal this weekend. if the party meets the timetable, it's possible the merger could be announced as soon as tuesday. >>> and with the earnings season well under way, the focus turns to japanese carmakers. fuchiko has the story for us. >> hi, ross. japanese carmakers both errored their earnings today. isuzu posted a profit of $693 million for december, up 38% on sales of trucks and buses in japan as well as in southeast asian countries drew provtsd into the green. in the domestic market, truck sales were strong due to the post tsunami reconstruction demand. overseas, opening up a new factory in thailand helped the tloifr backlog. but isuzu haven't change the rule on their full year forecast. the carmaker isn't performing as well as expected in the
let's take a look at boeing shares, adding 1.5% in frankfurt trade. in fact, in the last 0 days, they're up 1.7%, almost 2%. airbus, meanwhile, has announced it's received 121 new orders for aircraft in january and delivered 35 planes. >>> meanwhile, reports suggest amr and us airways will meet and finalize a deal this weekend. if the party meets the timetable, it's possible the merger could be announced as soon as tuesday. >>> and with the earnings season well under way, the...
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Feb 8, 2013
02/13
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. >> for a look now on how the german trade numbers move the markets, here is a report from frankfurt. >> not many people here at the exchange dare to give a forecast where -- as to if german exports this year will be as strong as last year's. one factor which supported exports last year was the relatively low euro/dollar exchange rate, and nobody can tell what it will do this year. on the stock trading floor in frankfurt this friday, the dax managed to climb slightly towards the end of the trading day. also thanks to a positive development of the u.s. trade deficit. but still, traders are not heading into the weekend in a positive mood. outlooks that companies have been giving, and of course on the trading week, were not convincing, and that is why the dax lost more than 2% in the course of this trading week. >> a quick look at the market numbers now -- the dax closed up 5.81%. the euro stoxx 50 gain more. in new york, the dow is going up by about 0.3%. the bureau is now trading at one -- $1.3358, slightly down. >> talk about going against the mainstream -- the ceo of volkswagen says
. >> for a look now on how the german trade numbers move the markets, here is a report from frankfurt. >> not many people here at the exchange dare to give a forecast where -- as to if german exports this year will be as strong as last year's. one factor which supported exports last year was the relatively low euro/dollar exchange rate, and nobody can tell what it will do this year. on the stock trading floor in frankfurt this friday, the dax managed to climb slightly towards the...
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Feb 21, 2013
02/13
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our correspondents and as the summary of the midweek trading session from the frankfurt stock exchange. >> traders are very aware of the problems citizens of the debt- ridden countries are facing. the question is if the government's stick to theprefore the situation is worsening. this is the biggest question with regard to italy. traders fear berlusconi may come back and spend the entire recovery process. shares have been a burden. shareholders have been disappointed by the decision to huge profit. >> we said in frankfurt for a closer look at wednesday's numbers. let's start off at the tax -- it closed down by 0.3%. euro stoxx 50 also suffering a setback, finishing all the way down to 640. on wall street this hour, the dow trading slightly to the downside. the euro weaker against the greenback, trading at a value of $1.32989898 >> now to one of the biggest arms bazaars in the world. the international defence summit in of a doubt become so close tomorrow only weeks before the united nations needs to finalize a historic arms trade treaty. >> amnesty international warrants it would not ev
our correspondents and as the summary of the midweek trading session from the frankfurt stock exchange. >> traders are very aware of the problems citizens of the debt- ridden countries are facing. the question is if the government's stick to theprefore the situation is worsening. this is the biggest question with regard to italy. traders fear berlusconi may come back and spend the entire recovery process. shares have been a burden. shareholders have been disappointed by the decision to...
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Feb 8, 2013
02/13
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while and after the ecb president spoke at his press conference here in frankfurt. draghi said that the key interest rate for the eurozone remains stable at 0.75%, but he also said one risk for the economy in the eurozone was the appreciation of the euro/dollar exchange rate, meaning it is getting tougher to export goods and services out of the eurozone if the euro gets too expensive. that is why he underlined several times that the monetary policy stance of the ecb remains accommodative. some investors now are betting on lower interest rates for the eurozone or other monetary policy ideas to keep the euro in check. >> welcome to the raw numbers from the markets today -- the dax finished on a slight gain. euro stocks 50 dropped nearly 0.75%. across the atlantic, the dow is down 5.41%. the euro is down quite a bit, to $1.3395. >> in europe, ireland has structured a deal to restore a chunk of its debt. >> the deal means that the debt took on during the bailout will be paid back over a much longer time, up to 40 years. this will make it far easier for ireland to bring
while and after the ecb president spoke at his press conference here in frankfurt. draghi said that the key interest rate for the eurozone remains stable at 0.75%, but he also said one risk for the economy in the eurozone was the appreciation of the euro/dollar exchange rate, meaning it is getting tougher to export goods and services out of the eurozone if the euro gets too expensive. that is why he underlined several times that the monetary policy stance of the ecb remains accommodative. some...
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Feb 14, 2013
02/13
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KCSMMHZ
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soured the mood on the frankfurt floor, especially for germany. traders thought that companies would have started sound investment in the fourth quarter, which did not happen. shares have been dragged down, mainly because of the fact that the euro area is stuck in a recession, but nevertheless, there is a light at the end of the tunnel. leading indicators showed that the german economy may have bottomed out yet, and that also the euro area may be back to the road of success, although it will be a very bumpy ride. >> the markets by the numbers now -- the dax down a bit, over 1%, to 7631. euro stoxx down a bit less. in new york, the dow is down just barely -- 13,975. the euro is trading against the dollar at $1.3339. >> now, billionaire investor warren buffett wants to dip into the catch of business. he is set to buy perhaps the world's most famous maker of ketchup. that is heinz. >> shares in heinz rose sharply on the news, gaining 20% by the end of the day. the pittsburgh-based company sells 650 million bottles of tomato catsup a year as well as p
soured the mood on the frankfurt floor, especially for germany. traders thought that companies would have started sound investment in the fourth quarter, which did not happen. shares have been dragged down, mainly because of the fact that the euro area is stuck in a recession, but nevertheless, there is a light at the end of the tunnel. leading indicators showed that the german economy may have bottomed out yet, and that also the euro area may be back to the road of success, although it will be...
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Feb 7, 2013
02/13
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up 1% in frankfurt. google down around 0.4%. meanwhile, european stocks are pretty cautious, let flat as we await the conference from mark carney. bid to cover is fairly healthy. yields were higher, but we did expect that. >> take a look at the impact that's having across the bond space. a little higher an the ten-year in spain, back above that 5.5% level. 4.58% for italy. interesting, we've been seeing this pattern play out all year. bundes and gilt, gilt now moving to the down side, but were generally speaking higher. we also get results for a french auction out just in a couple of minutes time. >> yep. meanwhile, euro/dollar is trading at 1.3550. we're at 1.3561, if anything, slightly stronger and unaffected by it. dollar/yen, 93.85, just shy of yesterday's high around 94. aussie -- slorl still down. there's a lot of event risk today, so clearly here in european trade, equities, currencies, bond markets deciding to hold off. >> take a pause. >> yeah, taking a pause. >>> one of the event risks is the incoming bank of england g
up 1% in frankfurt. google down around 0.4%. meanwhile, european stocks are pretty cautious, let flat as we await the conference from mark carney. bid to cover is fairly healthy. yields were higher, but we did expect that. >> take a look at the impact that's having across the bond space. a little higher an the ten-year in spain, back above that 5.5% level. 4.58% for italy. interesting, we've been seeing this pattern play out all year. bundes and gilt, gilt now moving to the down side, but...
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Feb 14, 2013
02/13
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shares of peugeot rallied up to more than 6% here on the frankfurt floor. investors appreciated the restructuring plans. the market in general did benefit from glimmers of hope according to the economy in the euro area. industrial production rose sharper than people expected, so some investors were saying that the worst may lie behind the european economy, and this led to the fact that some investors started buying shares again. >> the markets by the numbers now -- the dax was up to 7711. euro sotxx t 50 --oxx -- stoxx 50 up a little bit less. the euro down trading at $ 1.3441. the european horse meat scandal has reached germany where authorities said they are looking into products labeled as beef that may contain horse. >> this is from eu countries hardest hit by the scandal. the irish agricultural minister said that investigations should be coordinated by european authorities. others insisted that so far, there is no threat to human health. authorities are investigating the case, which involves slaughterhouses and milman in romania, france, and britain, a
shares of peugeot rallied up to more than 6% here on the frankfurt floor. investors appreciated the restructuring plans. the market in general did benefit from glimmers of hope according to the economy in the euro area. industrial production rose sharper than people expected, so some investors were saying that the worst may lie behind the european economy, and this led to the fact that some investors started buying shares again. >> the markets by the numbers now -- the dax was up to 7711....
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Feb 26, 2013
02/13
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KCSMMHZ
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in the frankfurt exchange. nobody really finding it very humorous what is happening in italy, and it shows dramatically what happens when a country gets in trouble, and it shows how quickly that can happen and how seriously the problems can run. nobody here really knows what to expect in the next couple of weeks with that stalemate in italy. it shows that the euro sovereign debt crisis is not over, and the effects are quite dramatic as well. there are serious share price losses across the board, especially in the financial sector, not just for italian financials but also for the german ones. people are now hoping that it does not affect the euro too much in the next couple of weeks. what is being sought after is a safe haven. people are finding it in german government bonds. >> we stay in europe where it is sharply lower on the day for the dax. about 2.25% lower, all down to that uncertainty in italy. over in new york, a different picture. stocks recovering a bit after a big sell-off yesterday. investors are pr
in the frankfurt exchange. nobody really finding it very humorous what is happening in italy, and it shows dramatically what happens when a country gets in trouble, and it shows how quickly that can happen and how seriously the problems can run. nobody here really knows what to expect in the next couple of weeks with that stalemate in italy. it shows that the euro sovereign debt crisis is not over, and the effects are quite dramatic as well. there are serious share price losses across the...
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Feb 1, 2013
02/13
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CNBC
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and before all of that, we'll be in frankfurt. where real estate group leg has gone public, the biggest real estate deal in frankfurt since about 1997. the ceo will just us in just a few moments. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. you don't really have to give up living, because you don't have your legs. hoveround replaced the legs. and now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround amer
and before all of that, we'll be in frankfurt. where real estate group leg has gone public, the biggest real estate deal in frankfurt since about 1997. the ceo will just us in just a few moments. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest...
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Feb 11, 2013
02/13
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boeing stock res nevertheless down 1.49% in frankfurt. i think uneventful of any flight of any sort. >> that's the kind of description you want. apple hoping for a big event with its latest device. it's reportedly working on a watch like device that has the features like a smartphone. the wearable device is in the experimental phase. "the wall street journal" says apple has discussed such a product with foxconn which has been working on technology for wearable devices. interesting to see this emerge in the next marriage of perhaps retail and technology. apple shares are up 0.25%. any little help after you've been down in the range that they have -- what size screen do you want on your wrist? >> the question is how big that piece should be, though. because everyone wants the big screen. >> maybe have it going up your wrist like that. >> start to go look like a super hero with a claw on the end. >> and you type it like that. i've seen that in a film. ask us about what film we've seen that technology in? >> that's right. before we do, we wan
boeing stock res nevertheless down 1.49% in frankfurt. i think uneventful of any flight of any sort. >> that's the kind of description you want. apple hoping for a big event with its latest device. it's reportedly working on a watch like device that has the features like a smartphone. the wearable device is in the experimental phase. "the wall street journal" says apple has discussed such a product with foxconn which has been working on technology for wearable devices....
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Feb 12, 2013
02/13
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. >> traders in frankfurt and discussed its help for cyprus is really necessary. they say it's rather small, but they fear a domino effect if the country would really fall. trading in general is low today. dax has been flat line all day on this rose money, a big carnival othey. investors are waiting and for the end of the carnival days. many european banks will probably report their results. this will also be written into prisons. >> as mentioned, not a whole lot of movement on monday. closing about 25% -- 0.25% lower. it is a similar story for the eurostoxx 50. the dow jones considering slightly lower, but the euro against the dollar is higher at $1.3411. finally, it is rose monday here in germany, the high points of the annual carnival festival. celebrations are especially rowdy in the rhineland region. the costumes may not be as big and colorful as those in rio de janeiro, but the you revellers give it their best shot. >> carnival revelers marching through cologne. this year's model, carnival is in your blood. dance groups from as far away as rio de janeiro are
. >> traders in frankfurt and discussed its help for cyprus is really necessary. they say it's rather small, but they fear a domino effect if the country would really fall. trading in general is low today. dax has been flat line all day on this rose money, a big carnival othey. investors are waiting and for the end of the carnival days. many european banks will probably report their results. this will also be written into prisons. >> as mentioned, not a whole lot of movement on...
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Feb 2, 2013
02/13
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LINKTV
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. >> last saturday's trip to frank ward -- frankfurt introduced another blooper, with a result that sent them to 17th place and one of the automatic relegation spots. they have now dropped the keeper with an unusual explanation. >> he cannot catch a break at the moment. with the pressure that he is under he has to go into every game thinking he has to be immaculate. it is inhuman. dealing with the situation accordingly is part of our responsibility. >> they will be hoping time out of the limelight helps the number one get their act together, and his teammates will have to try to atone for his errors. x has a distinctive style and it happens to be western europe 's tallest building. we are talking about the latest addition to the london skyline. visitors piled in to see the ribbon cutting on the building once described as an intergalactic sphere. while the platform might only be 240 four meters high, it still offers an unbeatable view of the london skyline. tickets will cost 30 euros apiece. that is all for us from now, but the news continues, so do stay with us. [speaking new language --
. >> last saturday's trip to frank ward -- frankfurt introduced another blooper, with a result that sent them to 17th place and one of the automatic relegation spots. they have now dropped the keeper with an unusual explanation. >> he cannot catch a break at the moment. with the pressure that he is under he has to go into every game thinking he has to be immaculate. it is inhuman. dealing with the situation accordingly is part of our responsibility. >> they will be hoping time...
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Feb 4, 2013
02/13
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conrad sends us this summary of monday's trade from the frankfurt stock to change. >> the profit warning really made the mood turned sour here at the exchange. adding to this war reports about weaker than expected factory orders in the united states. concerns about the eurozone resurfacing due to allegations of corruption against the spanish prime minister and growing uncertainty ahead of the parliamentary election in italy. many people here keep hoping that the dax can reach 8000 soon. that would bring a lot of earnings reports for several companies that could beat analyst expectations like the time where -- like daimler and if you engineering companies. >> closing today at 7638 for the day, a drop of under 2.5%. eurostoxx down 3.5%. the dow jones at this hour is down a little less than 1%. the euro is trading ended -- trading at $1.3510. >> abu dhabi's airways posted a two under% rise in net profits helped by its acquisition of a 30% share in air berlin in late to those 11. the artistic director of the bolshoi ballet will be seeking treatment to continue dealing with the effects of an
conrad sends us this summary of monday's trade from the frankfurt stock to change. >> the profit warning really made the mood turned sour here at the exchange. adding to this war reports about weaker than expected factory orders in the united states. concerns about the eurozone resurfacing due to allegations of corruption against the spanish prime minister and growing uncertainty ahead of the parliamentary election in italy. many people here keep hoping that the dax can reach 8000 soon....
WHUT (Howard University Television)
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Feb 1, 2013
02/13
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WHUT
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frankfurt gaining by a quarter percent. paris cac 40 higher by .8%. earlier in the day we saw a mixed bag. china's two factory data set the tone. reading of hsbc numbers came out strong but the official figure fell short of market expectations. also the yen's further decline helped to bolster tokyo stocks. on to currencies the dollar has recovered. dollar/yen 92.09-13. dollar buying remains pretty strong that's because market players believe the u.s. economy will be able to maintain its momentum. the euro also gaining ground as germany's factor activity gained. i want hit the 126 yen level for the first time in two years and nine months. seeing a bit of a pull back, 125.68. that is going to do it for biz tonight. >>> journalists got access this week to a damaged and dangerous facility they often report on but rarely visit. the operators of fukushima daiichi allowed the media to tour nuclear plant. a team from nhk went inside. tokyo electric power officials have restricted access to fukushima daiichi since the facility was crippled from the tsunami. th
frankfurt gaining by a quarter percent. paris cac 40 higher by .8%. earlier in the day we saw a mixed bag. china's two factory data set the tone. reading of hsbc numbers came out strong but the official figure fell short of market expectations. also the yen's further decline helped to bolster tokyo stocks. on to currencies the dollar has recovered. dollar/yen 92.09-13. dollar buying remains pretty strong that's because market players believe the u.s. economy will be able to maintain its...
WHUT (Howard University Television)
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Feb 20, 2013
02/13
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got gains as well for the dax in frankfurt up .2%.ou see currenc now we're going to bank of japan to buy foreign bonds. others are betting the bank of japan will have mormon tear easing. foreign investments in to china dropped from a year ago. that's a decline now for an eighth straight month. a chinese commerce ministry spokesperson said the country attracted not over $9 billion of foreign direct investment last month. down 7.3% from the same month last year. investments from european nations were up more than 80%. a sharp rebound from last year's tumble when there was the impact of the eurozone debt problems. influence from japan fell20% souring bilateral relations havd determination to implement the new democratic state. >> the revision allows foreign investors to be exempt of corporate taxes for five years instead of three years. it let's them lease land up to 50 years. japanese companies are behind chinese and south korean businesses in their investments into myanmar. >>> all right that's going wrap it up for biz this hour. let's close things out with the markets. >>> japanese p
got gains as well for the dax in frankfurt up .2%.ou see currenc now we're going to bank of japan to buy foreign bonds. others are betting the bank of japan will have mormon tear easing. foreign investments in to china dropped from a year ago. that's a decline now for an eighth straight month. a chinese commerce ministry spokesperson said the country attracted not over $9 billion of foreign direct investment last month. down 7.3% from the same month last year. investments from european nations...
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Feb 26, 2013
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our correspondent from frankfurt stock exchange has more on the ups and downs of the day. >> anything but an easy and steady start to the week. election results in italy for providing rate relief for the traders here and looked as though burlesconi would not be having any influence on policy in the future, but as new results came in, it looked doubtful that he could be excluded from having a say in how the country would be governed. the people here at the stock market do want a stable government than they do want reform-oriented policy, and they do want financial pressure from the markets in terms of italy to be reduced in the near future. now, with this result, things do look to dampen. the share prices at the end of the day no longer as good as they were in the beginning. >> let's take a closer look at the market numbers. a roller-coaster ride with the dax ending higher. is similar story for the euro. in new york, trading is still under way for the dow jones. investors there are a bit more nervous about what a divided time in parliament and what it could mean for eurozone stability.
our correspondent from frankfurt stock exchange has more on the ups and downs of the day. >> anything but an easy and steady start to the week. election results in italy for providing rate relief for the traders here and looked as though burlesconi would not be having any influence on policy in the future, but as new results came in, it looked doubtful that he could be excluded from having a say in how the country would be governed. the people here at the stock market do want a stable...
WHUT (Howard University Television)
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Feb 13, 2013
02/13
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gains for the frankfurt market up by .1%. paris cac losing .1%. japan did not post gains. a strong overnight performance in new york. south korean markets there outperformed the region. benchmark kospi up 1.5%. had a weaker yuan. investors welcomed record earnings results from one of the country's top banks. we'll see what happened with the nikkei down more than a percent today as the recent weakness of the yen reversed a bit. speaking of currencies we're seeing the $has been losing a bit of ground against the yen although has backed up a little bit today. dollar/yen at 93.65. many market players have been buying the yen after a group of seven financial authorities gave a statement on tuesday. they view the statement as indicating a concern about excessive moves in the japanese currency after overseas media reported a comment from an anonymous g7 official. terms of euro yen that's changing hands right now at 126.25. major japanese casual clothing store one glow is making inroads into the indonesian economy. it will open in jakarta in june. uniqlo operator announced the sta
gains for the frankfurt market up by .1%. paris cac losing .1%. japan did not post gains. a strong overnight performance in new york. south korean markets there outperformed the region. benchmark kospi up 1.5%. had a weaker yuan. investors welcomed record earnings results from one of the country's top banks. we'll see what happened with the nikkei down more than a percent today as the recent weakness of the yen reversed a bit. speaking of currencies we're seeing the $has been losing a bit of...
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Feb 27, 2013
02/13
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. >> you can see bounce back on the board there in frankfurt. it was pretty much the same thing across europe. over to new york where the dow jones is putting on an impressive 1.03%. the euro trading up. eads has good news for investors. profits up by 19% last year. >> defense giant bae did not take as much of a toll a stock. >> the forecast is also positive. >> for eads, 2012 could have been worse. despite production and delivery problems, technical glitches, and a merger that never got off the ground, the bottom line was solid. the ceo said its airbus unit set a new sales record. >> we have a strong revenue growth overall for the entire group of 15%. operating margins have been considerably higher. i would say we are well on our flight path towards our target of around 10% return on sales in 2015. >> the outlook is solid largely because carriers are updating their fleets. airbus and its u.s. rival can barely keep up with demand. even battery problems on boeing 's dreamliner and production problems with airbus have done nothing to dent demand.
. >> you can see bounce back on the board there in frankfurt. it was pretty much the same thing across europe. over to new york where the dow jones is putting on an impressive 1.03%. the euro trading up. eads has good news for investors. profits up by 19% last year. >> defense giant bae did not take as much of a toll a stock. >> the forecast is also positive. >> for eads, 2012 could have been worse. despite production and delivery problems, technical glitches, and a...
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Feb 28, 2013
02/13
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how are these new proposed regulations going down in frankfurt? >> people think that it is a valid question to limit the bonuses. bonuses are being seen as largely responsible for what happened in setting the wrong kinds of incentives in order to have risky behavior. so, there is support for that. it is important to gather popular support for the financial sector, which has suffered through this financial crisis. but people do say investment bankers being the people they are might very well find a way around earning less through this. people don't think that is going to happen. >> in corporate news, we have some high-profile german companies out with results. some extremely good. some looking pretty bad. >> bayer is looking very good. they are making a record year. their share price shot up to a record level as well, promising a higher dividend and 2013 being a good year. deutsche telekom, the largest phone company here, not such a good result, 5 billion lost in 2012, cutting the dividend. that share going down. the market losing a little steam. t
how are these new proposed regulations going down in frankfurt? >> people think that it is a valid question to limit the bonuses. bonuses are being seen as largely responsible for what happened in setting the wrong kinds of incentives in order to have risky behavior. so, there is support for that. it is important to gather popular support for the financial sector, which has suffered through this financial crisis. but people do say investment bankers being the people they are might very...
WHUT (Howard University Television)
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Feb 6, 2013
02/13
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frankfurt dax is down a quarter of a pennsylvania and paris cac lower. a senior official of the international monetary fund has expressed a report for japan's economic policies but expressed a need for the country to take steps to rein in fiscal health. the finance minister met visiting imf managing director david lipton here in tokyo. he briefed him on the government's policies. he explained about the recent joint statement between the government and central bank. that statement seat 2% inflation target. he also referred to a supplementary budget plan which has a stimulus worth $100 billion. finance ministry officials said he understood them and said they were necessary. the meeting came amid concerns voiced by germany and other countries opinion they are saying japan's policies could be intended to guide the yen lower. >>> two major japanese automakers have revised their profits. mazda motors says it expects to post $480 million in operating profit up 80% when you calculate it in yen from its previous estimate. mazda's president is hoping for fourth de
frankfurt dax is down a quarter of a pennsylvania and paris cac lower. a senior official of the international monetary fund has expressed a report for japan's economic policies but expressed a need for the country to take steps to rein in fiscal health. the finance minister met visiting imf managing director david lipton here in tokyo. he briefed him on the government's policies. he explained about the recent joint statement between the government and central bank. that statement seat 2%...
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Feb 19, 2013
02/13
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nearly 6% in frankfurt trade this morning. staples down fractionally, suggesting they don't necessarily see an imminent threat here. >>> the big deal that has helped define the recent upturn in m&a starts with dell. the good set could involve investors with michael dell is buying his company on the chief. earlier, we asked marco whether the dell deal was signaling a comeback for large buyouts. >> back in 2008, we all said this would never happen again. the oldest saying in the market is it's easy to be a financial genius. all you need is a short permanent in and a bull market. we're seeing that. but the leverage is back there. you look at debt multiples. >> great stats on that which kelly has been tweeting about, as well. >> i've been trying not to. he said, look, there's 50 billion in dry powder. that's just equity at the 207 five private equity firms. >> 50 billion in equity ready to inje inject. >> and they could potentially do ten dell deals with that amount and frankly, that's just a small piece of the 300, 350 billion in
nearly 6% in frankfurt trade this morning. staples down fractionally, suggesting they don't necessarily see an imminent threat here. >>> the big deal that has helped define the recent upturn in m&a starts with dell. the good set could involve investors with michael dell is buying his company on the chief. earlier, we asked marco whether the dell deal was signaling a comeback for large buyouts. >> back in 2008, we all said this would never happen again. the oldest saying in...
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Feb 19, 2013
02/13
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all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on sunday. there was high demand for cars shares despite the record low of overall european car sales in january. sales by germany's premier car makers bmw and daimler rose again. analysts take a closer look at the closing numbers. euro stoxx 50 up. the dow up by nearly 0.4% this hour. the euro a bit stronger against the greenback at $1.3386. >> after the break, we will be bringing you a football revolution. >> but first, other stories making news this hour -- >> the united nations says the death toll in afghanistan has fallen for the first time in six years. a new united nations report says civilian casualtie
all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on...
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Feb 5, 2013
02/13
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our correspondence sent us this summary of tuesday's trading from the frankfurt stock exchange -- our correspondent said us this summer. >> some shares were strongly in demand while others found themselves deeply on the downside. some of the tightening rules might make strong banks even stronger, and that banks could profit which have many corporate clients and many international clients. stock market in general this tuesday managed to recover somewhat from the losses of the beginning of the week, also due to positive economic data. the german engineering sector managed to post a significant increase of factory orders again. >> a look now at the raw numbers from the markets. the dax ended the day of a bit, more than 0.3%. euro stoxx 50 rose nearly a full percentage point. the dow jones is up 0.87%, and the euro is trading against the dollar at $1.3579. >> the u.s. justice department is suing standard and poor's for its alleged role in the 2008 financial crisis. wall street investors say they were expecting the move. in 2007, the ratings agency made its fortune by giving high credit ra
our correspondence sent us this summary of tuesday's trading from the frankfurt stock exchange -- our correspondent said us this summer. >> some shares were strongly in demand while others found themselves deeply on the downside. some of the tightening rules might make strong banks even stronger, and that banks could profit which have many corporate clients and many international clients. stock market in general this tuesday managed to recover somewhat from the losses of the beginning of...
WHUT (Howard University Television)
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Feb 5, 2013
02/13
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gains for the frankfurt market of just over 0.1%. and paris' cac 40 up 0.9%. the picture in asia today, almost a sea of red with the exception of shanghai there. japan's nicky snapping a five-day streak. they hope authorities will take steps to stimulate the economy. >>> looks like the yen's decline is proving to be quite a boone for toyota motor. the carmaker is predicting it will post its first operating profit in five years, thanks to the currency's weakness. toyota managers have revised their profit estimate upward for the fiscal year ending in march. they say they're expecting now a profit of about $1.6 billion. that's quite a change from just a few months ago. in november they were looking for a loss of more than $200 million. managers say the weakening of the yen since mid-november will improve export margins and push up profit by more than $1.5 billion. they also note that cost-cutting efforts at factories have also been a bit of a help. managers have also raised the profit outlook for the toyota group by 9.5% in yen terms to more than $12 billion. tha
gains for the frankfurt market of just over 0.1%. and paris' cac 40 up 0.9%. the picture in asia today, almost a sea of red with the exception of shanghai there. japan's nicky snapping a five-day streak. they hope authorities will take steps to stimulate the economy. >>> looks like the yen's decline is proving to be quite a boone for toyota motor. the carmaker is predicting it will post its first operating profit in five years, thanks to the currency's weakness. toyota managers have...
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Feb 23, 2013
02/13
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. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 -- euro trading at a value of $1.3179. interior minister has been given the task of forming a new government after the resignation of the prime minister who lost support in an apparent power struggle between his party's moderate and hard-line wings. liberals in the country accuse the incoming prime minister of not doing enough to stop violence by radical islamists. germany's defense minister might have jumped the gun on announcing with the u.s. plans to do in afghanistan. at least -- he says at least a thousand american troops will stay in afghanistan after 2014 when international troops are due to pull out. >> but washington says it is still considering its options. >> in brussels, defense ministers have been debating what will happen when troops finally withdraw from a
. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 -- euro trading at a value of $1.3179. interior minister has been given the task of forming a new government after the resignation of the prime minister who lost support in an apparent power struggle between...
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Feb 21, 2013
02/13
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take a look at citigroup shares, down about 1 is% in frankfurt trade this morning. it's a touch better than the dax. >>> the justice department and inbev are looking for a delay in buying mo did he lo's deal. the justice department said that wasn't enough and sued to block the deal. last week, inbev sought to block $3 million in additional concessions. inbev selling off about 1% in what i mentioned has been a generally weak session across european markets. >>> president obama took to the air waves wednesday talking to several location tv station toes press republicans to avert the $85 billion in budget cuts set to begin in just eight days. on the same day, the pentagon outlined plan toes furlough some 800,000 civilian workers to save money. these interviews are part of the white house strategy to blame potential job losses on the gop. >> instead of us cutting education, instead of us cutting the mental health programs, instead of us affecting military readiness and a whole range of other things that are important to our security and prosperity, we should be focused
take a look at citigroup shares, down about 1 is% in frankfurt trade this morning. it's a touch better than the dax. >>> the justice department and inbev are looking for a delay in buying mo did he lo's deal. the justice department said that wasn't enough and sued to block the deal. last week, inbev sought to block $3 million in additional concessions. inbev selling off about 1% in what i mentioned has been a generally weak session across european markets. >>> president obama...
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Feb 22, 2013
02/13
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hp did rise in after hours trade and look at that, a rise of better than 7% in frankfurt. don't miss meg whitman's exclusive interview with cnbc at "squawk on the street." >>> elsewhere, aig's adjusted results did beat forecasts and it was the first quarter since the u.s. government sold its remaining stake in the country. the ceo said business is gradually improving, but the dividend and buyback will have to wait until aig has increased liquidity. >> our loss ratios is slowly coming down. so the day-to-day results are terrific and we had a couple of headline props problems which caused a quarter. still, with the huge loss of sandy of 2 billion pretax, we still made a profit in the quarter. >> and aig shares responded in the tune-up 4% after hours, roughly the same amount in frankfurt trade today. heinz's third quarter profit was squeezed falling 5% on profits approximately that offset higher sales in emerging markets. global ketchup sales were up nearly 5% boosted by russia, latin america and dan da. heinz shares falling on the back of that news, down about 0.3%. >>> citi
hp did rise in after hours trade and look at that, a rise of better than 7% in frankfurt. don't miss meg whitman's exclusive interview with cnbc at "squawk on the street." >>> elsewhere, aig's adjusted results did beat forecasts and it was the first quarter since the u.s. government sold its remaining stake in the country. the ceo said business is gradually improving, but the dividend and buyback will have to wait until aig has increased liquidity. >> our loss ratios is...